https://www.taxtmi.com/caselaws?id=220290 The appeal was partly allowed for statistical purposes. The tribunal directed the Assessing Officer to reconsider the issue of notional interest and to allow deduction under Section 10A before setting off unabsorbed losses. The tribunal upheld the bifurcation of interest income, permitting deduction for interest on fixed deposits but not for interest on NSC and loans to employees. en-us Wed, 05 Dec 2012 00:00:00 +0530 Thu, 17 Jan 2013 12:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220290 The appeal was partly allowed for statistical purposes. The tribunal directed the Assessing Officer to reconsider the issue of notional interest and to allow deduction under Section 10A before setting off unabsorbed losses. The tribunal upheld the bifurcation of interest income, permitting deduction for interest on fixed deposits but not for interest on NSC and loans to employees. Case-Laws Income Tax Wed, 05 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220290